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Saturday, 6 October 2012

Crude Oil Futures H4, Daily & Weekly Update

Wave 4 did not overlapsed wave 1 on Daily and Weekly chart desplite the very deep retrace in WXY fashion.
Right now I'm looking to wave 2 of last wave 5 dawn to finish and to develop wave 3 of wave 5  in impulsive fasion.

Alt count suggest that we might have wave 2 top already and the remaining price action does act like impulsive wave 3 in developing.

The price is currently in Fibonacci Time Cluster zone with high score. The cluster ends on Monday.


Seb





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